1. Regulatory Compliance Strengthening
• Conduct comprehensive compliance reviews across all functional areas of banks and NBFCs.
• Identify gaps in existing systems, processes, and documentation vis-à-vis RBI guidelines.
• Provide actionable recommendations for compliance enhancement and risk mitigation.
• Assist in developing internal compliance frameworks, policies, and SOPs.
2. RBI Inspection Readiness (Pre-Inspection Support)
• Mock audits & pre-inspection assessments
• Staff preparation for RBI queries with walkthroughs & documentation support
• Review of KYC/AML, credit, IRACP, governance, cyber & operational risks
• Compile inspection folders, MIS & regulatory data
3. Regulatory Reporting & Return Filings
• Assist in preparing & submitting all RBI regulatory returns
• Review & validate data accuracy and consistency
• Advisory on automated regulatory reporting architecture
• Ensure compliance with XBRL/online portal guidelines
4. Advisory on Change of Management / Control (NBFCs)
• Assess if transactions require RBI approval
• End-to-end support for change in management, >26% shareholding, transfer of control
• Draft applications, declarations, financials, fit & proper documentation
• Liaise with stakeholders & guide post-approval compliances
5. Policy Review & Governance Support
• Draft/review credit, compliance, risk management, KYC/AML, internal audit policies
• Align policies with latest RBI circulars & supervisory expectations
• Strengthen governance frameworks & oversight mechanisms
6. Training & Capacity Building
• Training for compliance officers, branches, credit teams & senior management
• Sessions on new RBI guidelines, risk culture & AML compliance
• Tailored modules based on entity size & business model
7. Ongoing Compliance Advisory
• Continuous advisory on implementing new RBI circulars
• Strategic compliance partner for management & board committees
• Monitor compliance calendar & support internal compliance audits